It's probably the biggest thing that happened in the medical devices industry in the last 10 years.
More Quotes from Mark Landy:
While it could be a knock-out blow, at what point are we overpaying I think we could be getting close to that point based on the cardiac rhythm business.Mark Landy
The fact that they found something else is not a concern. It's almost to be expected. When a policeman pulls you over for speeding and decides to look around your car, there's a good likelihood that if he wants to, he can find something to give you a citation for.
Mark Landy
If they do negotiate a lower price, they may open themselves up to litigation by essentially conceding that there has been a problem under management's watch,
Mark Landy
While Johnson Johnson has the clear technology lead, the risk they run is in setting the price. If the price is favorable, doctors will reward them when new products come to market.
Mark Landy
This offer is superior. This offer promises a higher price, stock with better appreciation potential, commitments to do what it takes to avoid antitrust concerns, and a firm timeline.
Mark Landy
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